Caja Madrid has decided to ramp up its presence in Indra. Over the last few weeks, the Madrid bank has been buying up small packages in the company and now owns 5% more than before. In its newest purchases, it has invested approximately 122 m€. The bank now owns 20 %of the technology company and [...]
The savings bank pushes preparations ahead for the stock market flotation of its holding company in November, but does not rule out last-minute changes.
Despite the financial hurricane currently hammering down on stock markets all over the world, Caja Madrid continues to push ahead with its preparations for the public stock flotation of its financial holding [...]
The Board of Directors at the National Energy Commission looks set to approve the acquisition of Union Fenosa by Gas Natural on Thursday, according to sources at the regulatory body. They went on to explain that analysis of the operation has focused specifically on whether or not to apply Function 14, where powers are conferred [...]
Criteria CaixaCorp, La Caixa’s industrial holding group, has invested 509 million euros in European banks, especially in financial entities in central and Eastern Europe. The firm hopes to strike a deal to become a majority stockholder in some of them.
The Managing Director of Criteria, Francisco Reynés, affirmed to analysts at a recent conference: “We are [...]
The decision to postpone the conditions that the regulatory commission will impose on Iberdrola in its purchase of the US Company Energy East by one week have not gone down well with the electrical utilities company, whose shares have plunged by 1.32%, making the company one of Spain’s most bearish shares in the market, with [...]
Caixa Corp, Spain’s leading savings bank is investing 390 million euros to consolidate its position in the two jewels in its investment portfolio crown.
La Caixa, Spain’s leading savings bank, is taking advantage of a bearish market in order to reinforce its presence in Telefonica and Gas Natural. Through its participating interests holding company, Criteria Caixa [...]
The technical analysts at the New York State Public Service Commission are urging the body to maintain the power of veto over Energy East assets in case Iberdrola becomes the object of a hostile takeover bid. In principle the electrical utilities company does not oppose the measure. The New York State Public Services Commission (PSC) [...]
